Intel

Fiat Chrysler has joined BMW’s growing consortium of automakers, tech companies, and suppliers, all working together to accelerate the creation of semi-autonomous and driverless vehicles. Alongside Fiat and Chrysler, FCA owns the Jeep, Maserati, and Dodge car brands, covering almost all consumer vehicle sizes. That should allow the consortium to…

Intel has reportedly “eliminated” its wearable division, a year after it issued a recall of all Basis Peak smartwatches, due to frequent overheating. The division had already lost most of its workers in November, when Intel slashed 80 percent of the Basis team, according to CNBC. The chip maker’s New…

Continental said on Tuesday it has joined the self-driving consortium led by BMW, created to accelerate the development of autonomous systems for vehicles. The addition of Continental fills the consortium with everything it needs to develop a fully operational self-driving car. The German company is the second largest supplier of…

The self-driving car industry could be worth $7 trillion by 2050, according to a report published by Intel and Strategy Analytics. The report splits the estimate into three main revenue streams: $3.7 trillion into “consumer mobility-as-a-service” $3 trillion into “business mobility-as-a-service” $200 billion into in-vehicle applications and services Intel expects…